RENTED APR 30, 2025

Estimated Value: $408,000 - $430,000

3 Beds
2.5 Baths
1,422 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $340,000 $239 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,299/month

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Corner Lot
  • Islands Elementary School Rated A-
  • 1 Fireplace
  • Granite Countertops

About This Home

As of April 2025

SUPER-SHARP 3 bedroom, 2.5 bath, FULLY REMODELED~Vaulted ceilings gives this home a spacious open-concept-feel~Formal dng, breakfast, or sitting room~Spacious lvg rm w/fireplace~Wood-look, plank-flooring in all the right places~White shaker-cabinets in kitchen w/granite counter-tops & stainless steel appliances~Bathrooms FULLY REMODELED w/modern-touches~NEWER carpeting~Front-load washer and dryer included in 2nd floor laundry room w/extra storage~Corner lot w/patio & private-gated backyard in Gilbert, THE ISLANDS~HOA takes care of front yard landscaping, common-areas & Community pool~ ***680 minimum-credit-score, NO evictions in past 3-yrs, 3 times-monthly-rent as household monthly-income, NO negative background-history, 12-months of verifiable rental-history ***

Last Agent to Rent the Property

Sherry Mcqueen

CTS Realty License #BR534071000 Listed on: 03/24/2025

Co-Listed By

Chalyce McQueen

CTS Realty License #BR625104000

Last Renter's Agent

Sherry Mcqueen

CTS Realty License #BR534071000 Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 2,566 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,422 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Islands Elementary School
  • Neely Traditional Academy Middle School
  • Gilbert Classical Academy 7-12 High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 3/28/25
  • $150 Move-In Fee
  • Rent includes repairs
  • 12-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 110
  • Assessor Parcel Number 302-96-772

Community Details

Overview

  • Property has a Home Owners Association
  • Laguana Shores Association, Phone Number (480) 759-4945
  • Built by New Cove Properties
  • Cove At The Islands Lot 1 173 Tr A Z Aa Dd Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Repairs
  • Available Date: 2025-03-28

Listing Details

  • Cross Street: Cooper & Warner
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Rental Info H O A Name: Laguana Shores
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 40.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: trlg01
  • Co List Office Phone: 602-795-0341
  • Subdivision Name: COVE AT THE ISLANDS LOT 1-173 TR A-Z AA-DD
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1422.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Pool, Biking/Walking Path
  • Association Name: Laguana Shores
  • Phone: 480-759-4945
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Islands Elementary School
  • High School: Gilbert Classical Academy 7-12
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Neely Traditional Academy

Lot Info

  • Lot Size Sq Ft: 2566.0
  • Parcel #: 302-96-772

Building Info

  • Builder Name: New Cove Properties

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 110
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Feb 24, 2021
Sold by
Ojo Stephanie and Ojo Steven
Bought by
Ojo Steven O
Seller's Agent
Jessica Sanchez
FIV Realty Co
Buyer's Agent
Rachel Burke
Keys to Your Dreams Realty
Sold Price
$1,995
Current Estimated Value
$420,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,039
Avg. Annual Appreciation
4.42%
Original Mortgage
$247,500
Outstanding Balance
$221,866
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$198,168

Purchase Details

Listed on
Apr 1, 2021
Closed on
Feb 15, 2021
Sold by
Gillespie Maureen
Bought by
Ojo Steven O and Ojo Steven
Seller's Agent
Jessica Sanchez
FIV Realty Co
Buyer's Agent
Rachel Burke
Keys to Your Dreams Realty
Sold Price
$1,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$221,866
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$198,168

Purchase Details

Closed on
Nov 19, 2010
Sold by
Fannie Mae
Bought by
Gillespie Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
Shanas Bert
Bought by
Gillespie Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Grossgold Peter and Grossgold Crhistina Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 30, 1999
Sold by
Grossgold Peter and Peters Christina Marie
Bought by
Grossgold Peter and Grossgold Christina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
7.62%

Purchase Details

Closed on
Jan 17, 1997
Sold by
Peters Susan
Bought by
Grossgold Peter and Peters Christina Marie

Purchase Details

Closed on
Aug 13, 1996
Sold by
New Cove Properties Ltd Partnership
Bought by
Grossgold Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,125
Interest Rate
8.18%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ojo Steven O -- Premier Title Agency
Ojo Steven O $340,000 Premier Title Agency
Gillespie Maureen $96,000 Stewart Title & Trust Of Pho
Gillespie Maureen -- Stewart Title & Trust Of Pho
Federal National Mortgage Association $197,538 First American Title
Grossgold Peter -- Transnation Title Ins Co
Grossgold Peter -- --
Peters Susan -- --
Grossgold Peter $103,907 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojo Steven O $247,500
Previous Owner Gillespie Maureen $75,000
Previous Owner Gillespie Maureen $75,000
Previous Owner Grossgold Peter $90,750
Previous Owner Grossgold Peter $83,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Rented $2,310 +2.7% --
04/12/2025 04/12/25 Under Contract -- -- --
03/24/2025 03/24/25 For Rent $2,250 +2.5% --
02/06/2024 02/06/24 Rented $2,195 0.0% --
01/20/2024 01/20/24 Under Contract -- -- --
01/13/2024 01/13/24 Price Changed $2,195 -3.5% $2 / Sq Ft
12/07/2023 12/07/23 Price Changed $2,275 -5.0% $2 / Sq Ft
10/25/2023 10/25/23 For Rent $2,395 +20.1% --
04/08/2021 04/08/21 Rented $1,995 0.0% --
04/06/2021 04/06/21 Under Contract -- -- --
03/31/2021 03/31/21 For Rent $1,995 0.0% --
02/26/2021 02/26/21 Sold $340,000 0.0% $239 / Sq Ft View Prior Sale
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 Off Market $340,000 -- --
01/22/2021 01/22/21 For Sale $324,900 -- $228 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,238 $13,640 -- --
2024 $1,199 $12,991 -- --
2023 $1,199 $28,610 $5,720 $22,890
2022 $1,166 $23,020 $4,600 $18,420
2021 $1,206 $20,650 $4,130 $16,520
2020 $1,188 $18,770 $3,750 $15,020
2019 $1,104 $16,810 $3,360 $13,450
2018 $1,073 $16,230 $3,240 $12,990
2017 $1,038 $14,470 $2,890 $11,580
2016 $1,065 $14,050 $2,810 $11,240
2015 $971 $12,360 $2,470 $9,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6840467

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-772